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ZUO Zuora Inc

10.45
0.37 (3.67%)
07 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Zuora Inc NYSE:ZUO NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.37 3.67% 10.45 10.466 10.1084 10.15 2,151,467 00:54:35

Statement of Changes in Beneficial Ownership (4)

19/10/2021 11:07pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Tzuo Tien
2. Issuer Name and Ticker or Trading Symbol

ZUORA INC [ ZUO ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    __X__ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Chairman and CEO
(Last)          (First)          (Middle)

C/O ZUORA, INC., 101 REDWOOD SHORES PARKWAY
3. Date of Earliest Transaction (MM/DD/YYYY)

10/15/2021
(Street)

REDWOOD CITY, CA 94065
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 10/15/2021  C  100 A$0 100 I By The Next Left Trust (1)
Class A Common Stock 10/15/2021  S(2)  100 D$20 0 I By The Next Left Trust (1)
Class A Common Stock 10/18/2021  C  39900 A$0 39900 I By the Next Left Trust (1)
Class A Common Stock 10/18/2021  S(2)  39900 D$20.0542 (3)0 I By the Next Left Trust (1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Class B Common Stock  (4)10/15/2021  C     100   (4) (4)Class A Common Stock 100.0 $0 680442 I By The Next Left Trust (1)
Class B Common Stock  (4)10/18/2021  C     39900   (4) (4)Class A Common Stock 39900.0 $0 640542 I By The Next Left Trust (1)
Class B Common Stock  (4)           (4) (4)Class A Common Stock 7006809.0  7006809 I By 70 Thirty Trust (5)

Explanation of Responses:
(1) The Reporting Person is a trustee of The Next Left Trust.
(2) This transaction was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person.
(3) Represents the weighted average sale price. The lowest price at which shares were sold was $20.00 and the highest price at which shares were sold was $20.14. The Reporting Person undertakes to provide upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth in this footnote.
(4) Each share of the Issuer's Class B Common Stock will convert into one share of the Issuer's Class A Common Stock (a) at the option of the holder and (b) automatically upon (i) any transfer, except for certain permitted transfers, and (ii) the date that is the earliest of (x) the date specified by a vote of the holders of not less than 66 2/3% of the outstanding shares of Class B Common Stock, (y) ten years from the effective date of the Issuer's initial public offering and (z) the date that the total number of shares of outstanding Class B Common Stock ceases to represent at least 5% of all outstanding shares of the Issuer's common stock, and has no expiration date.
(5) The Reporting Person is a trustee of the 70 Thirty Trust.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Tzuo Tien
C/O ZUORA, INC.
101 REDWOOD SHORES PARKWAY
REDWOOD CITY, CA 94065
XXChairman and CEO

Signatures
/s/ Jennifer Pileggi as attorney-in-fact for Tien Tzuo10/19/2021
**Signature of Reporting PersonDate

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